Boltwood Capital Management

WALNUT CREEK, CA

$436m in 192 US stocks at the end of 30 June 2026. The top 10 are 33.5% of the money. It changed about 6.3% of the portfolio this quarter.

Value

$436m

Stocks

192

Top 10 share

33.5%

Turnover

6.3%

What changed this quarter

New

Bought for the first time this quarter.

Micron TechnologyMU
0.1% of the fund
IsharesEWN
<0.1% of the fund
Franklin Templeton ETF TRFLIN
<0.1% of the fund
Applied MaterialsAMAT
<0.1% of the fund
IsharesEWA
<0.1% of the fund
YUM BrandsYUM
<0.1% of the fund
Lam ResearchLRCX
<0.1% of the fund
Truist FinancialTFC
<0.1% of the fund
Bank of AmericaBAC
<0.1% of the fund
Texas InstrumentsTXN
<0.1% of the fund
Franklin Templeton ETF TRFLCA
<0.1% of the fund

Added

Bought more of a stock they already held.

Flexshares TRTDTT
5.5% of the fund
+10%
Ishares TRMBB
3.0% of the fund
+4%
AppleAAPL
2.6% of the fund
+3%
NvidiaNVDA
2.6% of the fund
+3%
Schwab Strategic TRSCHE
2.2% of the fund
+3%
MicrosoftMSFT
1.7% of the fund
+5%
Flexshares TRGUNR
1.6% of the fund
+9%
Spdr Series TrustSPMB
1.1% of the fund
+11%
Amazon.comAMZN
1.0% of the fund
+4%
Spdr Index SHS FDSGNR
1.0% of the fund
+37%
Ishares TRSTIP
0.8% of the fund
+49%
Select Sector Spdr TRXLV
0.7% of the fund
+4%
Meta PlatformsMETA
0.7% of the fund
+5%
Select Sector Spdr TRXLC
0.5% of the fund
+3%
Spdr Series TrustSPTL
0.5% of the fund
+13%
BroadcomAVGO
0.5% of the fund
+22%
Ishares TRTLT
0.4% of the fund
+2%
Costco WholesaleCOST
0.4% of the fund
+2%
Spdr Index SHS FDSRWO
0.4% of the fund
+9%
IsharesEWT
0.3% of the fund
+20%
SalesforceCRM
0.3% of the fund
+5%
Ishares TRSUB
0.3% of the fund
+11%
MastercardMA
0.3% of the fund
+7%
PfizerPFE
0.3% of the fund
+3%
Ishares TRIGF
0.3% of the fund
+19%

Cut

Sold some of their stake.

CaterpillarCAT
1.8% of the fund
-3%
Flexshares TRHYGV
1.7% of the fund
-23%
Ishares TRHYG
1.5% of the fund
-4%
Flexshares TRMBSD
1.2% of the fund
-10%
Abbott LaboratoriesABT
0.4% of the fund
-3%
Flexshares TRRAVI
0.3% of the fund
-5%
TapestryTPR
0.2% of the fund
-3%
Select Sector Spdr TRXLB
0.2% of the fund
-4%
Ishares TRINDA
0.2% of the fund
-21%
Select Sector Spdr TRXLU
0.2% of the fund
-8%
NextEra EnergyNEE
0.1% of the fund
-3%
Johnson Controls InternationalJCI
0.1% of the fund
-3%
Marsh & McLennan CompaniesMRSH
0.1% of the fund
-7%
AT&TT
<0.1% of the fund
-2%
Vanguard World FDVOX
<0.1% of the fund
-3%
Zimmer Biomet HoldingsZBH
<0.1% of the fund
-4%
Moody'sMCO
<0.1% of the fund
-2%
Union PacificUNP
<0.1% of the fund
-2%
Dominion EnergyD
<0.1% of the fund
-2%
HalliburtonHAL
<0.1% of the fund
-2%
Chipotle Mexican GrillCMG
<0.1% of the fund
-11%

Sold out

Sold their entire stake.

Holdings

Schwab Strategic TRSCHF
Share
7.2%
Value
$31m
Shares
1,133,518
Held
Flexshares TRTDTT
Share
5.5%
Value
$24m
Shares
995,568
+10%
Spdr Index SHS FDSSPDW
Share
3.2%
Value
$14m
Shares
273,455
Held
Ishares TRMBB
Share
3.0%
Value
$13m
Shares
139,285
+4%
Ishares TRIEI
Share
2.7%
Value
$12m
Shares
99,909
Held
AppleAAPL
Share
2.6%
Value
$11m
Shares
38,842
+3%
NvidiaNVDA
Share
2.6%
Value
$11m
Shares
55,677
+3%
Select Sector Spdr TRXLK
Share
2.4%
Value
$11m
Shares
55,807
Held
AlphabetGOOGL
Share
2.2%
Value
$10m
Shares
27,174
Held
Schwab Strategic TRSCHE
Share
2.2%
Value
$10m
Shares
264,128
+3%
Ishares TRIJH
Share
2.1%
Value
$9m
Shares
117,935
Held
Ishares TRIJR
Share
1.9%
Value
$8m
Shares
56,611
Held
CaterpillarCAT
Share
1.8%
Value
$8m
Shares
7,359
-3%
MicrosoftMSFT
Share
1.7%
Value
$8m
Shares
20,229
+5%
Flexshares TRHYGV
Share
1.7%
Value
$7m
Shares
180,790
-23%
Flexshares TRGUNR
Share
1.6%
Value
$7m
Shares
140,613
+9%
Ishares TRSHY
Share
1.6%
Value
$7m
Shares
83,420
Held
Ishares TRHYG
Share
1.5%
Value
$7m
Shares
83,640
-4%
KLAKLAC
Share
1.4%
Value
$6m
Shares
20,100
Held
Spdr Index SHS FDSSPEM
Share
1.3%
Value
$6m
Shares
112,504
Held
JPMorgan ChaseJPM
Share
1.3%
Value
$6m
Shares
16,944
Held
Flexshares TRGQRE
Share
1.2%
Value
$5m
Shares
84,852
Held
Flexshares TRNFRA
Share
1.2%
Value
$5m
Shares
84,421
Held
Flexshares TRMBSD
Share
1.2%
Value
$5m
Shares
258,214
-10%
Advanced Micro DevicesAMD
Share
1.2%
Value
$5m
Shares
8,664
Held
Spdr Series TrustSPMB
Share
1.1%
Value
$5m
Shares
223,723
+11%
Amazon.comAMZN
Share
1.0%
Value
$5m
Shares
19,149
+4%
Spdr Index SHS FDSGNR
Share
1.0%
Value
$5m
Shares
67,202
+37%
Ishares TRIGSB
Share
1.0%
Value
$4m
Shares
81,305
Held
Schwab Strategic TRSCHA
Share
1.0%
Value
$4m
Shares
117,817
Held
ChevronCVX
Share
0.9%
Value
$4m
Shares
22,860
Held
Flexshares TRSKOR
Share
0.8%
Value
$4m
Shares
75,994
Held
Schwab Strategic TRSCHM
Share
0.8%
Value
$4m
Shares
96,784
Held
ExxonMobil HoldingsXOM
Share
0.8%
Value
$4m
Shares
25,625
Held
Ishares TRSTIP
Share
0.8%
Value
$3m
Shares
33,140
+49%
Ishares TREFA
Share
0.8%
Value
$3m
Shares
31,827
Held
Select Sector Spdr TRXLV
Share
0.7%
Value
$3m
Shares
20,178
+4%
Select Sector Spdr TRXLY
Share
0.7%
Value
$3m
Shares
25,820
Held
Schwab Strategic TRSCHB
Share
0.7%
Value
$3m
Shares
102,641
Held
Meta PlatformsMETA
Share
0.7%
Value
$3m
Shares
5,110
+5%
Ishares TRIEF
Share
0.7%
Value
$3m
Shares
30,368
Held
Lowe's CompaniesLOW
Share
0.6%
Value
$3m
Shares
11,937
Held
Select Sector Spdr TRXLI
Share
0.6%
Value
$3m
Shares
13,806
Held
Select Sector Spdr TRXLF
Share
0.6%
Value
$2m
Shares
45,562
Held
American ExpressAXP
Share
0.5%
Value
$2m
Shares
7,070
Held
Vanguard Intl Equity Index FVEU
Share
0.5%
Value
$2m
Shares
27,619
Held
Select Sector Spdr TRXLE
Share
0.5%
Value
$2m
Shares
42,976
Held
Select Sector Spdr TRXLC
Share
0.5%
Value
$2m
Shares
21,210
+3%
Eli LillyLLY
Share
0.5%
Value
$2m
Shares
1,878
Held
Spdr Series TrustSPTL
Share
0.5%
Value
$2m
Shares
81,685
+13%
Coca-ColaKO
Share
0.5%
Value
$2m
Shares
25,983
Held
WalmartWMT
Share
0.5%
Value
$2m
Shares
18,390
Held
Procter & GamblePG
Share
0.5%
Value
$2m
Shares
14,131
Held
BroadcomAVGO
Share
0.5%
Value
$2m
Shares
5,398
+22%
Ishares TRTLT
Share
0.4%
Value
$2m
Shares
21,439
+2%
TJX CompaniesTJX
Share
0.4%
Value
$2m
Shares
12,209
Held
AbbVieABBV
Share
0.4%
Value
$2m
Shares
6,880
Held
Abbott LaboratoriesABT
Share
0.4%
Value
$2m
Shares
18,713
-3%
RTXRTX
Share
0.4%
Value
$2m
Shares
8,814
Held
AllstateALL
Share
0.4%
Value
$2m
Shares
6,964
Held
Costco WholesaleCOST
Share
0.4%
Value
$2m
Shares
1,761
+2%
Spdr Index SHS FDSRWO
Share
0.4%
Value
$2m
Shares
30,925
+9%
IsharesEWT
Share
0.3%
Value
$2m
Shares
14,050
+20%
OracleORCL
Share
0.3%
Value
$2m
Shares
10,385
Held
SalesforceCRM
Share
0.3%
Value
$2m
Shares
9,706
+5%
Ishares TRSUB
Share
0.3%
Value
$1m
Shares
13,955
+11%
MastercardMA
Share
0.3%
Value
$1m
Shares
2,880
+7%
Intercontinental ExchangeICE
Share
0.3%
Value
$1m
Shares
11,760
Held
Flexshares TRRAVI
Share
0.3%
Value
$1m
Shares
18,973
-5%
Wells Fargo & CompanyWFC
Share
0.3%
Value
$1m
Shares
17,160
Held
PfizerPFE
Share
0.3%
Value
$1m
Shares
58,299
+3%
Cisco SystemsCSCO
Share
0.3%
Value
$1m
Shares
11,868
Held
Franklin Templeton ETF TRFLTW
Share
0.3%
Value
$1m
Shares
13,050
Held
Palo Alto NetworksPANW
Share
0.3%
Value
$1m
Shares
4,003
Held
Select Sector Spdr TRXLP
Share
0.3%
Value
$1m
Shares
16,167
Held
Ishares TRIGIB
Share
0.3%
Value
$1m
Shares
24,231
Held
Microchip TechnologyMCHP
Share
0.3%
Value
$1m
Shares
14,029
Held
Walt DisneyDIS
Share
0.3%
Value
$1m
Shares
13,285
Held
Ishares TRIGF
Share
0.3%
Value
$1m
Shares
17,945
+19%
Johnson & JohnsonJNJ
Share
0.3%
Value
$1m
Shares
4,618
+4%
TeslaTSLA
Share
0.3%
Value
$1m
Shares
2,782
+24%
Spdr Series TrustSPTI
Share
0.3%
Value
$1m
Shares
41,010
Held
Analog DevicesADI
Share
0.3%
Value
$1m
Shares
2,895
Held
IsharesEWY
Share
0.3%
Value
$1m
Shares
5,630
+39%
Franklin Templeton ETF TRFLKR
Share
0.3%
Value
$1m
Shares
17,175
Held
AlphabetGOOG
Share
0.3%
Value
$1m
Shares
3,145
+7%
Vanguard Index FDSVTI
Share
0.3%
Value
$1m
Shares
2,988
Held
Ishares TRMCHI
Share
0.2%
Value
$1m
Shares
21,090
Held
TapestryTPR
Share
0.2%
Value
$1m
Shares
7,345
-3%
BlackstoneBX
Share
0.2%
Value
$1m
Shares
8,996
Held
Berkshire HathawayBRK-B
Share
0.2%
Value
$1m
Shares
2,106
Held
Ishares TRICSH
Share
0.2%
Value
$1m
Shares
20,600
Held
Franklin Templeton ETF TRFLCH
Share
0.2%
Value
$1m
Shares
50,475
+18%
Select Sector Spdr TRXLB
Share
0.2%
Value
$1m
Shares
20,059
-4%
Spdr Series TrustSPLB
Share
0.2%
Value
$1m
Shares
44,850
Held
Home DepotHD
Share
0.2%
Value
$996,321
Shares
2,825
Held
IntelINTC
Share
0.2%
Value
$977,410
Shares
7,000
Held
CVS HealthCVS
Share
0.2%
Value
$973,154
Shares
9,407
+7%
Ishares TRINDA
Share
0.2%
Value
$911,246
Shares
18,450
-21%
Select Sector Spdr TRXLU
Share
0.2%
Value
$903,532
Shares
19,928
-8%

Company	Share of fund	Value	Shares	Change
Schwab Strategic TRSCHF	7.2%	$31m	1,133,518	Held
Flexshares TRTDTT	5.5%	$24m	995,568	+10%
Spdr Index SHS FDSSPDW	3.2%	$14m	273,455	Held
Ishares TRMBB	3.0%	$13m	139,285	+4%
Ishares TRIEI	2.7%	$12m	99,909	Held
AppleAAPL	2.6%	$11m	38,842	+3%
NvidiaNVDA	2.6%	$11m	55,677	+3%
Select Sector Spdr TRXLK	2.4%	$11m	55,807	Held
AlphabetGOOGL	2.2%	$10m	27,174	Held
Schwab Strategic TRSCHE	2.2%	$10m	264,128	+3%
Ishares TRIJH	2.1%	$9m	117,935	Held
Ishares TRIJR	1.9%	$8m	56,611	Held
CaterpillarCAT	1.8%	$8m	7,359	-3%
MicrosoftMSFT	1.7%	$8m	20,229	+5%
Flexshares TRHYGV	1.7%	$7m	180,790	-23%
Flexshares TRGUNR	1.6%	$7m	140,613	+9%
Ishares TRSHY	1.6%	$7m	83,420	Held
Ishares TRHYG	1.5%	$7m	83,640	-4%
KLAKLAC	1.4%	$6m	20,100	Held
Spdr Index SHS FDSSPEM	1.3%	$6m	112,504	Held
JPMorgan ChaseJPM	1.3%	$6m	16,944	Held
Flexshares TRGQRE	1.2%	$5m	84,852	Held
Flexshares TRNFRA	1.2%	$5m	84,421	Held
Flexshares TRMBSD	1.2%	$5m	258,214	-10%
Advanced Micro DevicesAMD	1.2%	$5m	8,664	Held
Spdr Series TrustSPMB	1.1%	$5m	223,723	+11%
Amazon.comAMZN	1.0%	$5m	19,149	+4%
Spdr Index SHS FDSGNR	1.0%	$5m	67,202	+37%
Ishares TRIGSB	1.0%	$4m	81,305	Held
Schwab Strategic TRSCHA	1.0%	$4m	117,817	Held
ChevronCVX	0.9%	$4m	22,860	Held
Flexshares TRSKOR	0.8%	$4m	75,994	Held
Schwab Strategic TRSCHM	0.8%	$4m	96,784	Held
ExxonMobil HoldingsXOM	0.8%	$4m	25,625	Held
Ishares TRSTIP	0.8%	$3m	33,140	+49%
Ishares TREFA	0.8%	$3m	31,827	Held
Select Sector Spdr TRXLV	0.7%	$3m	20,178	+4%
Select Sector Spdr TRXLY	0.7%	$3m	25,820	Held
Schwab Strategic TRSCHB	0.7%	$3m	102,641	Held
Meta PlatformsMETA	0.7%	$3m	5,110	+5%
Ishares TRIEF	0.7%	$3m	30,368	Held
Lowe's CompaniesLOW	0.6%	$3m	11,937	Held
Select Sector Spdr TRXLI	0.6%	$3m	13,806	Held
Select Sector Spdr TRXLF	0.6%	$2m	45,562	Held
American ExpressAXP	0.5%	$2m	7,070	Held
Vanguard Intl Equity Index FVEU	0.5%	$2m	27,619	Held
Select Sector Spdr TRXLE	0.5%	$2m	42,976	Held
Select Sector Spdr TRXLC	0.5%	$2m	21,210	+3%
Eli LillyLLY	0.5%	$2m	1,878	Held
Spdr Series TrustSPTL	0.5%	$2m	81,685	+13%
Coca-ColaKO	0.5%	$2m	25,983	Held
WalmartWMT	0.5%	$2m	18,390	Held
Procter & GamblePG	0.5%	$2m	14,131	Held
BroadcomAVGO	0.5%	$2m	5,398	+22%
Ishares TRTLT	0.4%	$2m	21,439	+2%
TJX CompaniesTJX	0.4%	$2m	12,209	Held
AbbVieABBV	0.4%	$2m	6,880	Held
Abbott LaboratoriesABT	0.4%	$2m	18,713	-3%
RTXRTX	0.4%	$2m	8,814	Held
AllstateALL	0.4%	$2m	6,964	Held
Costco WholesaleCOST	0.4%	$2m	1,761	+2%
Spdr Index SHS FDSRWO	0.4%	$2m	30,925	+9%
IsharesEWT	0.3%	$2m	14,050	+20%
OracleORCL	0.3%	$2m	10,385	Held
SalesforceCRM	0.3%	$2m	9,706	+5%
Ishares TRSUB	0.3%	$1m	13,955	+11%
MastercardMA	0.3%	$1m	2,880	+7%
Intercontinental ExchangeICE	0.3%	$1m	11,760	Held
Flexshares TRRAVI	0.3%	$1m	18,973	-5%
Wells Fargo & CompanyWFC	0.3%	$1m	17,160	Held
PfizerPFE	0.3%	$1m	58,299	+3%
Cisco SystemsCSCO	0.3%	$1m	11,868	Held
Franklin Templeton ETF TRFLTW	0.3%	$1m	13,050	Held
Palo Alto NetworksPANW	0.3%	$1m	4,003	Held
Select Sector Spdr TRXLP	0.3%	$1m	16,167	Held
Ishares TRIGIB	0.3%	$1m	24,231	Held
Microchip TechnologyMCHP	0.3%	$1m	14,029	Held
Walt DisneyDIS	0.3%	$1m	13,285	Held
Ishares TRIGF	0.3%	$1m	17,945	+19%
Johnson & JohnsonJNJ	0.3%	$1m	4,618	+4%
TeslaTSLA	0.3%	$1m	2,782	+24%
Spdr Series TrustSPTI	0.3%	$1m	41,010	Held
Analog DevicesADI	0.3%	$1m	2,895	Held
IsharesEWY	0.3%	$1m	5,630	+39%
Franklin Templeton ETF TRFLKR	0.3%	$1m	17,175	Held
AlphabetGOOG	0.3%	$1m	3,145	+7%
Vanguard Index FDSVTI	0.3%	$1m	2,988	Held
Ishares TRMCHI	0.2%	$1m	21,090	Held
TapestryTPR	0.2%	$1m	7,345	-3%
BlackstoneBX	0.2%	$1m	8,996	Held
Berkshire HathawayBRK-B	0.2%	$1m	2,106	Held
Ishares TRICSH	0.2%	$1m	20,600	Held
Franklin Templeton ETF TRFLCH	0.2%	$1m	50,475	+18%
Select Sector Spdr TRXLB	0.2%	$1m	20,059	-4%
Spdr Series TrustSPLB	0.2%	$1m	44,850	Held
Home DepotHD	0.2%	$996,321	2,825	Held
IntelINTC	0.2%	$977,410	7,000	Held
CVS HealthCVS	0.2%	$973,154	9,407	+7%
Ishares TRINDA	0.2%	$911,246	18,450	-21%
Select Sector Spdr TRXLU	0.2%	$903,532	19,928	-8%

Showing the largest 100 of 192.

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 24.1% since 30 June 2025.

Where the money is

Technology13.1%

Financial services5.2%

Media & telecom3.8%

Industrials3.6%

Retail & consumer3.1%

Health care3.0%

Everyday goods2.2%

Energy1.7%

Real estate0.3%

Materials0.2%

Utilities0.2%

Other63.5%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.